Ogden Standard-Examiner | 1924-03-03 | Page 8 | Decide Preferred Payment Question

DECIDE PREFERRED PAYMENT QUESTION WASHINGTON WASHINGTO March 3 The supreme court today declared that United States government de- de deposits d posits in failed banks are aro ar not en- en entitled en entitled titled to payment Iho question was raised by the United State States and Guar Guaranty Suar- Suar amity anty ant company after a a failure of the tho Dank Bank o of of ot C Okmulgee lIe gee Okla OkIa The Tho Th supreme court affirmed the th decision of at the th lon lon- lon ion loner er en COUlt I 00